Are you confused about car insurance? Then you are in the right place, because this article will share with you seven things you need to know about it.

Ignorance will lead to many mistakes, but thanks to this blog post you will be better informed, and therefore, capable of taking better decisions.

1 – There Are Discounts:

Have you been told that there are no discounts for car insurance? Then think again, but there are many that will help you to save tons of money!

One of the first things you need to do is to look for features in your car that will grant you such discounts. There are alarm systems and safety features that will make your premiums cheaper, so look for them.

This is one of the reasons on why it is a good idea to work with an insurance agent before buying it, because he/she will help you to find those features and other opportunities to save money. Not in vain it is suggested by Market Review.

If you want to save even more money, then try to take a defensive driving course. Moreover, try to keep your driving record clean and that will help you to get even more discounts on the premiums.

2 – Never Lie

Some people feel tempted to lie to save money, but if you are caught up then the savings will not matter that much. However, what can be so bad? First off, if you get caught, then your premiums will become more expensive, or in the worst case, you will be dropped off.

Therefore, never lie, because it does not pay off at the end of the day. Be honest and instead use other ways to save money, like the ones we have detailed in the first point.

3 – You Must Be Careful With Claims

Your insurance is there to protect you, but filling a claim for every little incident will backfire at you, because it will increase your insurance rate. Therefore, you should reserve it for cases that truly need it, because if it is something that does not cost much and you can afford it with money from your pocket then just do it. It will save you money in the long run.

4 – It Pays Off To Shop Around

Shopping around will always pay off, because it will help you to take advantage of opportunities you had not seen before.

If you are buying insurance for the first time, then make sure to shop around. Or even better, partner up with an insurance agent. If you already have it, then remember to shop around once a year, because you can find excellent offer that bring you the same coverage and benefits for a cheaper price.

5 – Never Let Your Policy Lapse

Nobody likes to pay more than needed, so you should never let your policy lapse, because otherwise companies will consider you a high-risk driver. This will be translated into higher costs for you, so avoid it.

6 – Your Coverage Will Vary Depending On What You Need

Every person is different, so if you want to select the optimal coverage for you, then answer the following questions:

  1. Why do you drive?
  2. Where do you drive?
  3. Is it for your personal use or do you share it?
  4. How much do you drive?
  5. Is your car still being financed?
  6. What is your car model?

These questions are more than enough to determine what kind of coverage you need. Again, it is a good idea to get in contact with agent, so you can find an excellent insurance for your specific needs.

7 – Higher Deductibles = Cheaper Premiums

It is simple logic: if you are willing to pay more money for the damages, then the company will give you access to cheaper premiums. It is the same as with home insurance. Therefore, if you want to lower the price of your premiums, then increase the price of the deductibles.

A simple and practical hack that works all the time just make sure that you can afford the deductibles when it is time to fill a claim.


As you can see, there are many ways to save money on car insurance. Moreover, now you know what things to do and don’t in order to keep the rate affordable.

Questions? Do not worry, just let us know in the comments!

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